New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-05-29
THE SECOND H1LE-HOLIDAY.
NOTICEABLE INCREASE IN THE NUMBER OF PLACES
CLOSTD-IS WALL STREET

NOTICEABLE INCREASE IN THE NUMBER OF PLACES
CLosED-IS WALL STREET.
Despite the rain there was noticeable increase
In the number Of stores ami ether places OF business
that observed tho hail-boi6ay law yesterday. Down
town there comparatively few large houses THAI
remained open after 1 or O'Clock and the gfeas
majority of thom closed at Along broadway,
even up TO Twenty -thHd-st, the observance of tho
law particularly noticeable The big dry goods
firms such Is Teft, Weller i Co., Durham, Buckley
s. Co, Calhoun, Robbins & Co., Sweetzer Pembroke
& Co.. and In fact nearly all had closed at or shortly
after noon. so did all the publishing bonses, th0
music stores with a few exceptions the fancy goods
houses, the rubber goods firms, many OF the largo
1ewsry houses and even such rtsll bouses rs ". d
j. Sloane, j. d j. DobsOn and many others. 1t waS
easy from the volume of business done by those
firms who kept open that 1T was only
in line a,d make the movement az
universal as it's advocates Inond that shall be-
come 1t Is expected and ndeed there is reason
to doubt, that SIXTH day afternoon VIII be e
much of a holiday here as Christmas or the Fourth
OF July.
The second halfh0day was observed in Wall
Street little mort closely than the nrst one Inc
fact that tomorrow viii be full holiday may have
SOMETHING to do with causing the prompt closing
Offices. Brokers and clerks left the street at tho
earliest possible after the close Of business az
tho exchanges, and indeed, .iany brokers aga noe
Friday afternoon on short excursions ~ the country,
believing that the two hours allowed to business s
terIay would It interfere Win their Interests There
is a growing dissatisfaction among the members VI
the Stock Exchange rot only win the law, but also
with the ruling Of the Governing Committee, 10y which
there are no deliveries of stocks Saturday. Many
brokers inclined to think that the Lizard should
ether permit deliveries until IL 80 saturday or
mako the day a full holiday. In the two weeks ez-
perence II has been found that tho present rules
affect business .u Friday we'll saturday, be-
cause OF the long loans made necessary by tho IL
Is considered not improbable that change VIII be
made within A short time. T. Y. White pau.ed an tho
midst Of a modest Demonlc0 lunch 10 observe:
why am | here | have had some business TO
attend TO. This holiday law apparently was ale Tor
salaricd AT any rate, have not been acie 10
get away to-day. ! think the Exchange viii be COM
PEELED lo change tho MT rule about stock DC
ilvcrios." .
Russell Sage did not lcavo the Street much earlier
than usual, but the delay was caused by business
conferences which the law evidently did nos
reach Tho rain may have had something TO do with
IL for that prevented his afternoon drive tire rad
Tho banks were sed ~ keep open until the
usual hour but IN most OF them the clerks that culd
be spared allowed to sOJn ~ possDis
after the closing II the Stock Exchange.
business ut tho Cotton. Produce, Maritime and COT.
fee Exchanges was SUSPENDED at noon yesterday and
viii not he resumed a. ain until Tuesday morning